Streaming media players near 40% penetration

May 31, 2018
According to Parks Associates, ownership of streaming media players has risen from about 6% of U.S. broadband households in 2010 to ...

According to Parks Associates, ownership of streaming media players has risen from about 6% of U.S. broadband households in 2010 to almost 40% at the beginning of 2018. The research house says Amazon's (NASDAQ:AMZN) share of streaming media players owned in U.S. broadband households has increased by 4% since last year, taking some of Google's (NASDAQ:GOOG) share of the installed base. Roku's (NASDAQ:ROKU) share has held steady at 37% for the past year.

"Since their inception about a decade ago, consumers have purchased streaming media players due to their modern and friendly user-interfaces, wide app support, and low cost, making them easier to upgrade and replace than a television set," said Kristen Hanich, research analyst at Parks. "In terms of usability, consumers score Roku, Apple TV and Amazon's Fire TV highly. When ranking these devices, Roku leads in multiple usability categories, while the Apple TV leads in terms of gaming and the ability to purchase content. Amazon's Fire TV has moved up to second place in the ease-of-setup category and is close to the Apple TV's score in several more, including ease of finding something to watch and ease of purchasing content, which could account in part for its growing market share."

While adoption of streaming media players is close to 40%, more than half of U.S. broadband households own a smart TV. The research firm says ease-of-use is the most important factor to consumers when it comes to choosing which entertainment device to use, and these two devices are competing directly in terms of usage, while usage of gaming consoles for video has declined.

Other findings indicate:

  • More than 70% of streaming media player owners use their devices at least once per week, compared to 59% of smart TV owners.
  • 44% of streaming media player owners use their device daily as compared to 37% of smart TV owners.
  • Almost 50% of smart TV owners also own a streaming media player.
  • Between 2015 and 2017, flat-panel purchases including 4K/UltraHD technology rose from 14% to 30% among U.S. broadband households.

"Smart TVs earned the highest Net Promoter Score (NPS) among consumers out of all the CE products Parks Associates tested, but streaming media players still have higher usage rates, indicating these devices have firmly established their role in their ability to connect users with content quickly and easily," Hanich said.

About the Author

BTR Staff

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STEPHEN HARDY
Editorial Director and Associate Publisher
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MATT VINCENT
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KRISTINE COLLINS
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JEAN LAUTER
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